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- Tasks: Develop and manage relationships with UK brokers in construction and property insurance.
- Company: Exance Services Limited, a growing specialist MGA focused on tailored insurance products.
- Benefits: Competitive salary, performance bonuses, flexible working, and opportunities for growth.
- Why this job: Shape the future of a specialist MGA while working closely with senior leadership.
- Qualifications: Experience as a Wholesale Broker or BDM with strong knowledge of insurance lines.
- Other info: Join a dynamic team in a growing entrepreneurial environment.
The predicted salary is between 40000 - 70000 £ per year.
Location: London or Remote (UK based)
Salary: £40,000 - £70,000
About Exance
Exance Services Limited is a specialist MGA focused on construction and property insurance. We work with brokers and other intermediaries to deliver expert underwriting and tailored products under our delegated authorities. We are growing and are looking for an experienced Insurance Business Development Manager to help us build and deepen our broker portfolio.
The opportunity
- Own and develop a panel of UK brokers, with responsibility for growth and broker satisfaction.
- Identify and onboard new brokers who are active in construction and property insurance.
- Work closely with our underwriters to shape deals, manage expectations and protect capacity.
- Help to open up selected international opportunities with brokers and partners overseas.
- Play a visible role in shaping how Exance goes to market as a specialist MGA.
We are looking for
- Experience as a Wholesale Broker or BDM for an MGA, dealing with broker panels.
- A track record of growing GWP and commission through broker development.
- Strong knowledge of construction, property or related commercial insurance lines.
- Confidence in front of senior broker decision makers and ability to influence.
- A commercial mindset, with an understanding of underwriting appetite and portfolio quality.
- Self-starting attitude and comfort working in a growing, entrepreneurial business.
What we offer
- Competitive basic salary (expected range £40,000 to £70,000, depending on experience).
- Performance linked commission and bonus.
- Flexible working (London or remote, with broker travel as needed).
- The chance to help build a specialist MGA and work closely with senior leadership.
If you have experience building broker relationships as a wholesale broker or MGA BDM and want to help grow a specialist construction MGA, we would like to hear from you.
Locations
Insurance Business Development Manager – Wholesale / MGA Broker Relationships in City of London, London employer: EXANCE
Contact Detail:
EXANCE Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Insurance Business Development Manager – Wholesale / MGA Broker Relationships in City of London, London
✨Tip Number 1
Network like a pro! Get out there and connect with industry professionals, attend events, and join relevant online forums. The more people you know in the insurance world, the better your chances of landing that dream job.
✨Tip Number 2
Showcase your expertise! Create a personal brand on LinkedIn by sharing insights about construction and property insurance. This not only highlights your knowledge but also attracts potential employers who are looking for someone just like you.
✨Tip Number 3
Prepare for interviews by researching the company and its culture. Understand their approach to broker relationships and be ready to discuss how you can contribute to their growth. Confidence is key, so practice your pitch!
✨Tip Number 4
Don’t forget to apply through our website! We’re always on the lookout for passionate individuals who want to make a difference in the MGA space. Your next opportunity could be just a click away!
We think you need these skills to ace Insurance Business Development Manager – Wholesale / MGA Broker Relationships in City of London, London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV speaks directly to the role of Insurance Business Development Manager. Highlight your experience with broker relationships and any successes in growing GWP. We want to see how you can bring value to our team!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to tell us why you're passionate about construction and property insurance, and how your background makes you the perfect fit for Exance. Keep it engaging and personal!
Showcase Your Achievements: Don’t just list your responsibilities; show us what you've achieved! Include specific examples of how you've developed broker panels or influenced decision-makers. Numbers and results speak volumes!
Apply Through Our Website: We encourage you to apply through our website for a smoother process. It helps us keep track of applications and ensures you don’t miss out on any important updates. Plus, it’s super easy!
How to prepare for a job interview at EXANCE
✨Know Your Brokers
Before the interview, research the brokers you’ll be working with. Understand their needs and how Exance can meet them. This will show your potential employer that you’re proactive and ready to hit the ground running.
✨Showcase Your Success Stories
Prepare specific examples of how you've successfully grown GWP and developed broker relationships in the past. Use metrics to back up your claims; numbers speak volumes in this industry!
✨Understand the Market
Brush up on current trends in construction and property insurance. Being able to discuss these topics confidently will demonstrate your expertise and commercial mindset, which is crucial for this role.
✨Ask Insightful Questions
Prepare thoughtful questions about Exance’s growth plans and how they envision the role contributing to those goals. This shows your genuine interest in the company and helps you assess if it’s the right fit for you.